Bank of America Q3 profit tops estimates

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Bank of America Q3 profit tops estimates (via AFP)

Bank of America posted a third-quarter profit Wednesday that topped estimates, saying provisions for credit losses were sharply lower than a year ago. Net income was $2.5 billion in the July-September period, up from $340 million in the 2012 third quarter…

Blue Mountain Credit Fund still in the red YTD; here are their biggest holdings

Blue MountainBlue Mountain Credit Alternatives Fund was up 0.36% for November, although the fund remains well into the red for the year. For the first 11 months, the fund was down 24.85% gross. Q3 2020 hedge fund letters, conferences and more Blue Mountain's fundamental credit strategy was up 0.63% for November, including a 1.09% gain for Read More


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